Welcome to this remarkable 1 1/2 Storey detached located in the coveted neighborhood of Macassa. Expertly crafted featuring premium aluminum siding and brick construction, this residence presents an exceptional opportunity offered at $949,900 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
2 HOMES ON 1 PROPERTY! Welcome to 298 East 36th Street, a rare opportunity on Hamilton's East Mountain offering versatility, modern updates, and exceptional value on a generous 50x150 ft lot. This beautifully maintained property features a 3 bedroom, 2 bathroom main home plus a fully detached 2 bedroom, 1 bathroom garden suite built in 2023, ideal for multi-generational living, rental income, or a private work-from-home space. The main residence blends warmth and function with thoughtful updates throughout. The kitchen and flooring were updated in 2016, and the basement was professionally refinished in 2020, adding valuable flexible living space. Bedroom wardrobes and closets were completed in 2020, and key infrastructure upgrades include a backwater valve (2020), updated electrical panel (2020), and 1 inch copper water line installed in 2023. The main floor bathroom was tastefully renovated in 2022. Outside, 2024 improvements include a new front porch, asphalt driveway, and concrete patios for both homes, creating inviting outdoor spaces for relaxing and entertaining. Privately set at the rear of the property, the 2023 garden suite is sure to impress, where modern finishes meet traditional architecture to create standout curb appeal. Inside, natural light and vaulted ceilings create an airy feel. A sleek kitchen with quartz counters and beautiful cabinetry opens to a spacious living and dining area overlooking the private patio. Laminate flooring runs throughout, and 2 generous bedrooms, a 4 piece bathroom, and in suite laundry complete the space. Legal garden suite currently generating $2,550/month ($30,600/year),offering excellent income potential and offsetting roughly half of typical mortgage financing. Located close to hwy, shopping, transit, and schools in a well established community, 298 East 36th Street is a turnkey property with a second dwelling that provides outstanding flexibility for homeowners *INTERBOARD LISTING: CORNERSTONE ASSOCIATION OF REALTORS*
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Hospital, Park, Place Of Worship, Public Transit, Rec./Commun.Centre, School Bus Route
Carpet Free, Water Heater Owned
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Data-driven valuation for 298 East 36th Street, Hamilton, ON L8V 3Z8
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About Purchasing a Home in Hamilton, ON
For a property listed at $949,900 in Hamilton, the legal minimum down payment is $69,990 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $15,473 for this transaction. As this listing is in Hamilton (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $15,473.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.